ISA transfer and new ISA
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ps2659
Posts: 530 Forumite
I have a cash Isa fixed with Santander this matures on the 2/4/24 I want to transfer this to Paragon 1 year fixed at 5.05% however I also want to add 20k on the 6/4/24 new tax year would this be possible or would I need two accounts with Paragon. Thanks in advance for any replies
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Comments
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Check the relevant Paragon terms. Normally on a fixed ISA you will have a funding window (e.g. 14 days, 30 days etc) in which to fund the ISA. This normally would include transfers and new money, but the terms could say otherwise.0
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I'm doing exactly this. I've opened the Paragon account and just paid cash in, and also completed the transfer form ticking to option to transfer when it matures. I wanted to pay cash in this tax year but could have waited till April.1
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